A cryptocurrency analyst is forecasting that XRP could reach a double-digit valuation as high as $30, drawing insights from Bitcoin’s (BTC) historical price performance.
According to pseudonymous analyst RizeSenpai, XRP has the potential to climb to between $27 and $30 in the current market cycle, with an ultra-long-term target of $120.
In a TradingView post on April 12, the expert drew parallels between XRP’s price action and Bitcoin’s historical performance, leveraging technical setup and Fibonacci extensions to support the prediction.
XRP price analysis chart. Source: TradingView
The analyst highlighted XRP’s recent breakout above its previous all-time high resistance, a level it has been consolidating above for several months. This breakout mirrors BTC’s past behavior.
“Staying consistent with the trend of XRP following BTC’s moves but slower, XRP has recently broken above it’s range and has been consolidating above the previous ATH resistance for seve
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